seeing a lot of confusion around why layoffs are happening at companies with a lot of cash on the balance sheet. at the risk of getting roasted... here's a TLDR, for both public and private companies

in 2020 and 2021 the way to create shareholder value was to grow topline. regardless of the quality of revenue, software revenue was being valued at between 30x-100x run rate

smart investors know that not all revenue is equal... and they know that very few software businesses actually have the characteristics to drive meaningful cash flow at scale

because meaningful cash flow at scale requires a high margin product, high retention, and an ability to upsell and cross sell to drive increasing LTV. once you land, you need to expand share of wallet, continuously. for decades

many software categories fundamentally cannot ever support a company with these characteristics. history tells you this... but we forget!

Pantera Capital just released their 2023 outlook report: "The Year Ahead".

It's packed full of alpha.

I read through its 10,000 words so you don't have to.

🧵: Here are the top 10 takeaways. 👇

This thread will be broken up into 5 parts:

1. Crypto Market Outlook: @joeykrug
2. State of Blockchain Venture: @veradittakit
3. BlockChain Infrastructure: @_will_reid
4. Structurally Safe DeFi: @chiajy2000
5. @PanteraCapital's 2023 Fund Overview

-- CRYPTO MARKET OUTLOOK by @joeykrug --

1. DeFi is the foundation for the next crypto cycle.

Centralised entities failing due to hacks, greed, or illegal activity is a "tale as old as financial markets."

"Actual crypto, like on-chain, smart contract, protocol-based crypto really mitigates these problems."

"It seems fairly evident that the historical arc of the world’s financial rails will end up as blockchain-based systems using smart contracts."

"Despite lower prices, I think the space is clearly in a much better position than ever."

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21 Tips that will make you a more effective and efficient reader:

1. Always remember that the hardest part of reading is sitting down and opening the book.

2. Quit bad books so you can spend more time reading good ones.

3. If 3 people you respect recommend the same book, buy it.

4. The best time to read is early in the morning before work or late at night before bed.

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Chaunsath Yoginis ~ 64 Warrior Goddesses of Adi Parashakti

According to the Devi Mahatmya, 64 Yoginis are fierce and beautiful forms of Mahadevi Parvathi

“महा चतुः षष्ति कोटि योगिनी गन सेविथा”

[1/N] #Threads #Thread

Names of Chaunsath Yoginis or 64 Yoginis

Legends About The 64 Yoginis as Per Scriptures

The Chausath Yogini temple is in Mitaoli village near Padaoli in Morena, Madhya Pradesh .According to an inscription dated to 1323 CE, the temple was built by the Kachchhapaghata king Devapala (r. c. 10551075).

The Devi Sukta of the Rigveda 10.125.1 through 10.125.8, is among the most studied hymns declaring that the ultimate metaphysically reality (Brahman) is a Devi

A Yogini is the sacred feminine force made incarnate, as an aspect of Parvati

There are 8 Matrikas & 64 Yoginis

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The bookmark ha...". Enjoy ✌

Do these 5 things after 7PM.

And your life will never be the same:

1. Reflect

Ask these 3 simple questions:

1. What happened today that I'm grateful for?
2. Which actions moved me towards my goals?
3. Are there any changes I can make?

I love these questions because they strike a balance between gratitude and self-improvement.

2. Disconnect

Imagine trying to park a car that's going 70MPH.

That's essentially what you're doing when you hammer your brain with work/TikTok videos right before bed.

Toss your phone.
Get off the computer.
Slow down the car.

3. Set a plan

A productive day starts the night before.

The simple act of writing down your 3 biggest to-do list items can create a ton of momentum for the day ahead.

(h/t: @quotedvisually)

4. Stretch/Breathe

Cheating a bit with a 2 for 1 here.

So far we've focused on the mind—but what about the body?

Light stretching/deep breathing is an amazing way to release the tension of a busy work day.

Trust me.
10 years from now your body will thank you.

ChatGPT is the most powerful tool to make money online.

But with mediocre prompts, you get nowhere.

Here's my simple 13-step process I use to create and optimize prompts to make $13,000 every month (you can have it for free):

What you'll learn in this thread:

• How to create sophisticated and tailored AI prompts
• How to understand what audiences want and need
• How to optimize prompts for maximum output
• How to use AI to create new products
• How to monetize AI prompts

1. Defining the problem

To create a good prompt you need to understand the problem.

• What is the expected output of ChatGPT?
• Can you do the task manually?
• What input is required?

The first step should be doing the task manually.

2. Validate the problem

Pretend you are ChatGPT, ask someone you know to prompt you.

Write down:
• What was your thought process?
• Did you need more information?
• Is this task valuable for the person you are helping?

Define the:
• Input
• Steps
• Output
• Benchmark

3. Mess around with ChatGPT

• Try asking it to just do the task in one go.
• Try asking how it would break down the task.
• Try formulating the task differently.

Evaluate?

• Did it understand the steps?
• Was the quality good enough?
• Was it consistent?

https://t.co/xkUH8r7eGj

@CopyWriteConnor @buzz_chronicles @rattibha @SaveToBookmarks save as Books

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5 techniques to 10x your ChatGPT prompts:

1. Generative Mind Mapping

Asking chatGPT to create a mindmap is a great way to explore the scope you want to create content for. A good first step before long from writing.

Technique:
Specify the mindmap you want then ask chatGPT to answer using this structure.

2. Anchoring the language model

Asking open-ended questions gives very plain text. By anchoring the language model you will get much more specific text and it will be more interesting.

Technique:
Be very specific about what skills, professions, places, and locations you want.

3. Reasoning via Chain of Thought

ChatGPT and GPT-3 have a hard time working out problems since it jumps to conclusions.

The technique
Show it how it should think in steps in order to solve the problem.

It will work out the problem and answer more accurately.

4. Knowledge Prompting for Commonsense Reasoning

Problem:
GPT-3 does not always is the right information when answering and often gives nonsensical answers.

Technique:
Either make the AI generate facts/examples for you or provide background information before asking.

🚨🚨 How to get 10x better responses with this secret ChatGPT Prompt Hack 🚨🚨

✅ It will guarantee to give you better answers in ChatGPT

🧙🏻‍♂️ Follow these 7 steps:

🧵 Thread, Let's dive in

Step 1: Consider the context of your prompt

📝 Setting a specific field or topic for the model to focus on will help it understand the purpose of the conversation and provide more relevant answers.

Step 2: Give the model a task to complete

Define a task. Once the context is established, give the model a clear task to complete. For example, if the prompt is about health and fitness, the task could be

💬 “Give the best advice when it comes to improving someone's health.”

Step 3: Ask questions

To ensure the output is relevant and helpful, ask specific questions within the prompt. This will give the model a better understanding of what you’re looking for.

💬 "Is that understood?"

Step 4: Consider the output

After the model provides an answer, take a look at the output. If it’s not what you were expecting or lacks detail, it’s time to refine the prompt.

A Professor started his class on a very serious Topic. The moment he turned towards the blackboard, one of the students whistled.

He turned, looked at the class and asked the Whistler's name. No one answered...1/8

Thread... 👇🏾

The Professor peacefully kept the Pen in his pocket saying: "Lecture ends here. I'll tell you a story to utilise the remaining time".
Everyone became interested.

"Yesterday night I tried hard to sleep, but it was miles away from my eyes...2/8

so I thought I'd better get petrol in my car, which will save my time next morning and might induce sleep.

After having my tank full, I started roaming in that area, enjoying the
peace of a traffic free rid...3/8

Suddenly, on the corner I saw a girl who was as young and beautiful as the clothes she was wearing. Must have been returning from a party.

Out of courtesy, I turned my car towards her and asked if I may be of any help. She asked me if I could
drop her to her home...4/8

she'll be very obliged, to which I agreed.

She sat in the front seat with me. We started talking, and to my amazement she was very intelligent, had control on many topics which many youngsters don't...5/8